|
Leverage is deployment
of an insufficient amount of something to do that which was previously
done with much more.
-o-
Zero-based
budgeting will allow for comprehensive utilization of attainable resources and
must be justified as compared to that which may want to be sanctified.
-o-
It is better to be
suspicious and safe than trusting and
sorry
-o-
| A Five-Piece Road Map |
good fences make
good neighbors |
~ |
too good to be true
usually is |
| ~ |
due diligence is
your job, and
no one else's |
~ |
flashy tactics are
often blinding |
~ |
exclusivity and marble
don't matter |
-o-
Annoyingly patient investors seemingly
always laugh last because when the wait is over, the hyperactive armchair investor will refer
to them as geniuses, when, all along, it was just good research and patience.
-o-
Rome wasn't built in a day and fortunes are
not made between now and next week
Thursday.
-o-
"We've
long felt that the only value of stock
forecasters is to make fortune tellers
look good. Even now, Charlie [Munger]
and I continue to believe that
short-term market forecasts are poison
and should be kept locked up in a safe
place, away from children and also from
grown-ups who behave in the market like
children." --Warren Buffet |